JD Industrials prepares for $420m IPO on HKEX

The spun off firm from JD.com is preparing for an initial public offering on the Hong Kong Stock Exchange on December 11; the deal could generate around $20m of fees.

JD Industrials, a subsidiary of Chinese e-commerce group JD.com, is seeking to raise as much as $420 million on a Hong Kong initial primary offering (IPO) this week on December 11. The offer price range is between HK$12.7 ($1.63) to HK$15.5 per share.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media